Homework Answers
Answer
- Beginning inventory + Cost of Goods manufactured – Ending
Inventory = Cost of Goods Sold
$ 1060400 + Cost of Goods manufactured - $ 1381155 = $ 7373500
1060400 + Cost of Goods manufactured – 1381155 = 7373500
Cost of Goods manufactured = 7373500 + 1381155 – 1060400
Cost of Goods manufactured = $ 7,694,255 - Correct Answer = Option #2: $ 7,694,255
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